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Panasonic loss balloons for record red ink

(AP) -- Panasonic's January-March losses ballooned 10-fold to 438 billion yen ($5 billion), completing a year of record red ink at the Japanese electronics maker battered by natural disasters and an ailing TV business.

dateMay 11, 2012 in Business
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Sony reports record annual loss

(AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new ...

dateMay 10, 2012 in Business
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Nintendo chief promises to do Wii U launch right

(AP) -- Nintendo's chief is determined to get right the launch of its next game machine, Wii U, set for this year's holiday shopping season, and acknowledged Friday some mistakes with selling its 3DS handheld.

dateJan 27, 2012 in Business
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Nintendo posts loss on strong yen, weak sales

(AP) -- Nintendo Co. sank to losses for the April-December period, battered by a price cut for its 3DS handheld, a strong yen that erodes overseas earnings and competition from mobile devices such as the iPhone that offer ...

dateJan 26, 2012 in Business
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